Rental price residential properties change rate forecast in London 2020-2024

The coronavirus (covid-19) pandemic has had serious economic impact on the residential housing market. According to the forecast, house price growth in London is going to suffer a decline in 2020. The rental market is less prone to price volatility. With the strength of London's incomes and employment, rents in 2020 are forecast to fall one percent, followed by an increase of 6.5 percent.

Annual price change rate forecast of rentals in London from 2020 to 2024

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Source

Release date

June 2020

Region

United Kingdom (England)

Survey time period

June 2020

Supplementary notes

The source adds the following information: "These forecasts apply to average prices in the secondhand market. New build values may not move at the same rate"

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